Glossary

A reference, allocated by the Customs freight simplified procedures authorised trader to each import or export consignment, which can be used to trace the consignment through all the trader's records.

The term Unit Load Device (ULD) means any type of container with an integral pallet, or aircraft pallet whether or not owned by an IATA member, and whether or not considered to be aircraft equipped.

Standards of draft (bill of exchange) collection practices proposed by the International Chamber Of Commerce (ICC) for the financial institutions. Provisions of URC are not legal requirement but serve to establish common understanding of the collections terminology and expectations.